On: April 11, 2022 By: David Noah
Passages are an opportunity to move forward, improve our knowledge and prepare for what's next. That's why we've renamed our blog Passages: The International Trade Blog. We want the name to reflect how our blog helps people find answers, improve understanding and advance their careers.
On: February 14, 2022 By: Dr. Cheryl McCloud
A growing number of importers, exporters and transport companies are using e-auctions to find the most competitive prices for goods and services. E-auctions use internet-based technology to help select suppliers based on price alone or on other criteria that are important to the buyer.
On: January 5, 2022 By: David Noah
On Jan. 1, 2022, the World Customs Organization updated the Harmonized System (HS) codes used throughout the world for importing and exporting. Those changes also impact U.S. HTS codes for imports and Schedule B codes for exports. Here’s what you need to know to ensure you're still correctly classifying your products.
On: December 13, 2021 By: Dr. Cheryl McCloud
Sourcing is one of the first steps in the supply chain, and it's an important one—it impacts every other aspect of your supply chain. Learn about what's included in the sourcing process and how, when done effectively, it can benefit the entire shipping process and your bottom line.
On: November 17, 2021 By: Dr. Cheryl McCloud
The terms supply chain management and logistics are often used interchangeably. But there are important differences, and understanding them can help exporters strengthen their supply chain and gain a competitive advantage.
On: November 3, 2021 By: David Noah
Importers and exporters must properly identify and label the country of origin of their goods. It's used by customs authorities to identify duty rates, preferential trade agreements, trade sanctions and import quotas that may apply. Labels on goods also allow users to know their origin.
On: September 1, 2021 By: Dr. Cheryl McCloud
Chaos Theory says that small disturbances can have big consequences, and this is definitely true within the supply chain. To be successful, especially during a time when chaos in the supply chain is common, supply chain managers must build in flexibility and avoid overreaction.
On: August 4, 2021 By: David Noah
Under the Incoterms 2020 rules, Free Alongside Ship (FAS) means the seller has fulfilled its obligation when the goods are made available alongside the ship. This term should only be used for sea and inland waterway transport and usually only for non-containerized bulk cargo, such as oil or grain.
On: June 23, 2021 By: Dr. Cheryl McCloud
Supply chain visibility—the ability to see and know what's happening at all stages of your company's supply chain—helps businesses avoid risk and sets them up for growth and success. We share five things you can do to build a reliable supply chain, so your company is prepared to handle disruptions.
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